Singapore
Lendlease explains SGX query on $259,000 interest income
The group’s cash and bank balances reached $49.2m as of June.
Financing platform Funding Societies clinches US$50m loan with HSBC SG
It will use the money to extend more loans to SMEs in Southeast Asia.
DBS’ DDEx doubles trade volume in June from April
The number of BTC and ETH bought also rose by over 50%.
Cyber threats in SG rise 17.6% MoM in Q2
Over one million cyber threats were detected in Singapore.
AIMS APAC REIT operating metrics growing in strength: analyst
The reit suffered minimal impact from rising interest rates and utility costs.
Top 10 gainers in stock market averaged 2% total returns in H1 22
Financial services sector posted the most top stocks.
150,000 new homes to built in new Paya Lebar town: PM Lee
The government is moving Paya Lebar Airbase to a new location in 2030.
Frasers Property forms platform focusing on capital partnerships
Wong Ping will serve as the platform's Chief Investment Officer.
Conservation shophouse in Lor Telok on sale for $18.8m
It will be sold via an expression of interest.
More Singaporeans want a greener future but are doing more emissions-heavy activities
Amongst these activities include use of air conditioners, which rose 21% in 2022.
Chart of the day: Baby boomers are better at living sustainably
OCBC found out that green habits suit their life stage.
Market update: STI up 0.61%
DBS and UOB were at the top of the index.
Cromwell EREIT is top outperformer amongst S-REITs
It gained 6% steady financial performance.
Gov’t to soon roll out new initiatives to attract top talents, says PM Lee
Lee said the initiatives will cover sectors with “good potential.”
Establishment of a 100% ammonia direct combustion power plant on Jurong Island eyed
Jurong Port, Mitsubishi Heavy Industries APAC, and Jera Asia will conduct a study on its feasibility.
First REIT commences buyback of S$60m perpetual securities
The REIT will pay 70% the principal amount and pay any unpaid distribution.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia